Florenda is a married woman from Talibon, Bohol, Philippines. Florenda runs a motorcycle business with her husband and has had this business for 20 years now. This is the source of their income.
Florenda is asking for a loan to buy spare parts for their motorcycle, such as tires, chains, nuts and bolts and fuel. With this, they will be able to improve and maintain the good working condition of the tricycle.
In the future, Florenda hopes to make their business a success.
About Community Economic Ventures, Inc.
Community Economic Ventures, Inc. (CEVI), based in Bohol, was awarded the Platinum Award for Transparency in Social Performance Reporting by CGAP. Social performance monitoring is imperative in measuring a microfinance institution’s effectiveness. The fact that CEVI is participating in this process speaks volumes about the organization’s commitment to serving its clients effectively. In addition to providing credit for its clients, CEVI provides savings, insurance, and training through regular cluster group meetings.